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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (10696)	11/21/2000 11:29:05 PM
From: Jon Tara	Read Replies (2) \| Respond to of 18137

"Where are the unemployment numbers showing all the dot com layoffs?" There aren't any. The employees from the dot-com layoffs are just going into other types of businesses that have not been able to get their hands on enough employees. While that may change, that is the situation right now. I'm a software engineer, and work on a contract basis. I work through agencies, so I talk to recruiters on a regular basis. They tell me that the market is still quite robust. I'm taking the rest of the year off (actually, I'm working on a software project at home) but still get calls every few days. The demand is desparate enough that companies and agencies have upped their "bounties". The agency I last worked through here in San Diego has changed the rules on the bounty - they used to pay only for new referrals. Now, they are paying a $3000 bounty for any referral that results in a job placement for 90 days - and you can refer yourself! That is, you find a job on their web site that you think is good for somebody you know (or yourself), and you refer them. If they place that person, you get the bounty - even if they already had that person in their database. The company I was last working at currently has a $3000 bounty for Windows MFC programmers (for perm positions). They are having some work done in India and Russia, but that's not able to satisfy the demand.